Fannie-Freddie Regulator Starts New Push for HARP Refinancing
The effort to raise awareness of HARP comes as refinancing is down 56 percent from a year ago, website medical according to data from the Mortgage Bankers Association. The average interest rate on 30-year fixed-rate mortgages has ranged between 4 and 4.5 percent …
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Mortgage Interest Rates for Conventional, more about FHA, USDA and VA Home Loans
FHA MIP is typically more costly than the private mortgage insurance (PMI) associated with a conventional loan via Fannie Mae or Freddie Mac. This is why borrowers with at least 5% down and with good credit scores should compare the ongoing costs of a …
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